One of our objectives is to help members with free business opportunities information. We realized that there are a lot of people with access to credit or capital but lacking knowledge of what to invest in. Some end up investing in over flooded sectors which may not be profitable. One of our chief objectives is therefore to assist members and followers with business opportunities in Southern Africa.
Today we cover a fast developing sector of education. Our last survey showed that the number one priority for most families is education for children! This is the area where most resources are flowing to and helps explain the mushrooming of private schools across Zimbabwe. If you look at an expanding sector in Zim then education is one of them. It starts from primary school, high school and up to college level. A growing population in urban areas is fueling the growth in investment in this crucial sector of the economy.
Related to education is an important business sector that we feel has room for more entrants. Today we cover stationery business and the story affects all countries where ZBIN has coverage. Most stationery is imported from China where it is sold in bulk at affordable prices.
The Catch
The catch with importing from China is that you need to import in bulk, they prefer bulk orders. Bulk orders mean that you have to put in more funds in the venture as orders may need a minimum of $400 and above.
Solving the situation
One can solve the situation by partnering with others especially a Diaspora Investor looking at areas to invest in.
Practical Example
For practical examples, we urge readers to visit www.alibaba.com or www.made-in-china.com and search Stationery. Do a comparison of prices you find there and local prices. In most cases stationery is being sold 4 to 5 times its cost in China.
Business Plan
Do not just plunge in and order stationery without developing a business plan. Do carry out research on the market, study competitors and assess whether you can make profits.
ZBIN wishes you a blessed weekend
